The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are:
| HSA | 2018 | 2019 |
| Self-only HSA contribution limit | $3,450 | $3,500 |
| Family HSA contribution limit | $6,900 | $7,000 |
In 2019, the HSA contribution limit will increase to $3,500 for single (an increase of $50) and $7,000 for family (an increase of $100). As a reminder, the 2018 family HSA contribution limit also recently increased to $6,900 with the update released by the IRS on April 26, 2018.
2019 High-Deductible Health Plan (HDHP) deductible amounts and out-of-pocket expense limits were also announced:
| HDHP (self-only coverage) | 2018 | 2019 |
| Annual deductible not less than: | $1,350 | $1,350 |
| Annual out-of-pocket expenses don’t exceed: | $6,650 | $6,750 |
| HDHP (family coverage) | 2018 | 2019 |
| Annual deductible not less than: | $2,700 | $2,700 |
| Annual out-of-pocket expenses don’t exceed: | $13,300 | $13,500 |
For your employees to be eligible to participate in a Health Savings Account, they must be enrolled in an HDHP.
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